Adjust fixed asset depreciation value


I made a mistake that forgot to put ending book value for a fixed asset. So in the last two months, the depreciation values are not correct. How can I make an adjustment on it?



Fixed Asset postings can be reversed.

Reverse them, change the setup and run the depreciation again but take care of the periods in which you are doing the changes.

If your finance management has already closed the previous month(s), you might want to talk to them first before you make the adjustment.

Hope it helps.